Mobile Advertising Still Leaves Much to Be Desired
November 27, 2013
At least there is plenty of room for improvement. Business Insider tells us that “Execs from Criteo and the Weather Channel Both Agree: Mobile Ads Still Kinda Suck.” Hmm, we predict more fancy dancing around ad pricing in the future. In the meantime, The Weather Company‘s chief money man sums up the current state of affairs; writer Aaron Taube reports:
“Though Curt Hecht, chief global revenue officer for The Weather Company, had a more explicitly positive view of the creative offerings available on mobile platforms, he said that as it stands now, the mechanisms used to buy and sell ads on smartphones and tablets are a ‘complete mess.'”
Taube notes that Hecht knows what he is talking about, considering that his company’s Weather Channel app is extremely popular. What will it take to create better advertising systems for mobile devices? Greg Coleman, president of ad serving platform Criteo, points out that new technology calls for new expertise. The article informs us:
“In order for ads to improve, Coleman said, the industry would need to see advertising made by creatives who had come up with a mobile background and who possess what Coleman calls the mobile DNA. ‘If you go back to the late 90s when the digital world started to crop up, every editor-in-chief wanted to be in charge of their website,’ Coleman said. ‘They’re the last people who should have been allowed to tinker with the new medium. A new skillset is going to emerge that doesn’t exist to a large degree today.'”
Coleman goes on to observe that mobile ad exchanges that fail to build or embrace that skillset quickly will be in trouble in a few years. Marketers are impatient for new ways to leverage all this data they increasingly collect, and will become more choosy as better options emerge. Mobile ad folks who want to stay in the game had better be on their toes.
Cynthia Murrell, November 27, 2013
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